Hedge Funds Have a Shoe

Wall Street Folly reports that hedge funds are not just an expensive way not to beat the market. They are also a shoe. The Kenneth Cole New York Hedge Fund shoe is available for $159.95, exclusive of taxes, shipping and incentive fees.

This is the latest in a line of great Wall Street gifts, right up there with the Overstock.com Sith Lord Attack Action Figure Set , which will be a fine post-bankruptcy souvenir.

© 2007 Gary Weiss. All rights reserved.

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Wall Street Versus America was published by Penguin USA on April 6.
Click here for its Amazon.com listing and here for more information on the book, from my web site.